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Seismic Games Acquires Grue Games

socalTECH

Culver City-based Seismic Games announced on Thursday that it has acquired fellow, Los Angeles game development company Grue Games. Financial terms of the acquisition were not announced. Borrud was formerly head of Pandemic Studios, the gaming firm acquired by Electronic Arts in 2007 for $860M. READ MORE>>.

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EA Mobile Targets Amazon's Kindle

socalTECH

Los Angeles-based EA Mobile , the mobile game publishing arm of Electronic Arts, has set its sights on a new platform for its mobile games: Amazon's Kindle. Amazon said the new software development kit program from the firm will be offered as a limited beta to interested developers late last night. READ MORE>>.

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Respawn Entertainment Acquired By EA For Up To $455M

socalTECH

Los Angeles-based game studio Respawn Entertainment , best known for its development of the title Titanfall, has been acquired by Electronic Arts , the two said on Thursday afternoon.

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Jam City is setting up a Toronto shop by buying Bingo Pop from Uken Games

TechCrunch LA

The Los Angeles game development studio Jam City is setting up a shop in Toronto with the acquisition of Bingo Pop from Uken Games. “This acquisition provides Jam City with access to leading creative talent in one of the fastest growing and most exciting tech markets in the world.

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Consolidation is coming to gaming, and Jam City raises $145 million to capitalize on it

TechCrunch LA

“In a global mobile games market that is consolidating, Jam City could not be more proud to be working with JPMorgan, Bank of America Merrill Lynch, Silicon Valley Bank, SunTrust Bank and CIT Group to strategically support the financing of our acquisition and growth plans,” said Chris DeWolfe, co-founder and CEO of Jam City.

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GameFly Sells Cloud Streaming Tech, Team To Electronic Arts

socalTECH

Los Angeles-based game streaming provider GameFly and Electronic Arts said Tuesday that Electronic Arts has acquired GameFly's cloud-streaming technology, but that GameFly will continue to operate its games-by-mail subscription service. Financial details of the acquisition were not announced.

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LA-based gaming studio Scopely raises $200 million at a $1.4 billion valuation

TechCrunch LA

The Los Angeles-based mobile game development studio Scopely has become America’s newest unicorn thanks to a $200 million financing which values the company at a whopping $1.4 Scopely has already made a few select minority investments in gaming studios and with the new cash, Driver hopes to roll up more independent game developers.

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